Lagos Startup DealDay for Entrepreneurs, 2017
The Lagos StartUp DealDay is a three times a year investment round process run by the Lagos Angel Network and she’s announced that applications are now open for the first round of 2017.
About the Award:
LAN members, angel investors and the Lagos startup ecosystem will be present for the first pitch on the 24th of March, 2017. Having raised over N100 million in 2016 to invest in worthy startup ventures in target markets, the network guarantees funding for fast growing startups like they did Cafe Neo and Big Cabal Media.
The Lagos Angel Network is an association of investors committed to providing seed funding, mentoring and access to their business networks to Lagos area start-up entrepreneurs and their early-stage businesses. We offer Annual Membership (Accredited Individuals Only) and Corporate Sponsorships with deals by our network members being between N500k and N5M including Mentoring, Coaching & Business Network Access to complement cash.
Our Angels are as comfortable leading deals as they are being co-investors ensuring we always take a minority stake. We are constantly looking for opportunities to work with entrepreneurs that are passionate, capable and visionary who believe in our Angels ability to add value to their start-ups journey. We have strong partnerships with other ecosystem players including Incubators/Accelerators, Educational, Financial and Development Institutions, OEMs, VC Funds and International organisations.
Eligible Countries: African countries
Program Location: Lagos, Nigeria
Value of Program: The funding available for this year has been increased to range between N25 and N50 million per venture
Duration of Program: February 6 – March 24, 2017
– The funding available for this year has been increased but is only available for ventures in business for two years (at the very least) and five years (at most).
– These ventures have to be incorporated with the Corporate Affairs Commission (CAC) and present a track record of financial performance and paying customers for their products and/or services.
How To Apply:
Interested startups should submit Applications Online.
Application Deadline: Applications are to be submitted before 24th February 2017